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A recent report published by Infinium Global Research on advanced (3D/4D) visualization systems market provides an in-depth analysis of segments and sub-segments in global as well as regional advanced (3D/4D) visualization systems market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional advanced (3D/4D) visualization systems market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global advanced (3D/4D) visualization systems market. According to the report, the global advanced (3D/4D) visualization systems market is projected to grow at a CAGR of 4% over the forecast period of 2018-2024.
Visualization is the technique of creating diagrams, images or animation to communicate a message. Visualization technique is used in various sectors such as education, engineering, science, interactive media, and medicine. Advanced visualization plays an important role in medical imaging. Medical imaging is a technique used for representing the interior of a body for clinical analysis as well as for virtual representation of the organs of the body. Advanced visualization systems are essential in the interpretation workflow of computed tomography (CT) and magnetic resonance imaging (MRI).
According to the world health organization, cancer is one of the most common causes of death, with nearly 7 million deaths each year worldwide. It is estimated that there will be approximately 16 million new cancer cases by 2020 and 10 million cancer deaths every year. Growing need for advanced (3D/4D) visualization for accurate diagnosis and effective treatment for several neurology, oncology, cardiology, and gastroenterology offers significant growth for the advanced (3D/4D) visualization system market. Moreover, technological advancement in the visualization technique such as 3D and 4D imaging has increased application in the healthcare sector for imaging modalities which is further driving the growth of the market. However, the presence of 5D imaging technology may hamper the growth of the market. Going forward, advancement in the healthcare industry has focused on people suffering from different diseases is anticipated to create growth opportunities for leading players in advanced (3D/4D) visualization systems market.
Among the geographies, North America is the leading region in this market followed by Europe. The U.S. has the largest market in the North America region. The factor responsible for the growth of this market in the North America region is a development in the healthcare infrastructure and growing demand for the adoption of advanced technology. Emerging economies in the Asia-Pacific region such as India and China is anticipated steady growth rate in this market. Growing geriatric population along with the rising prevalence of diseases and an increasing number of hospitals coupled with advancements in are some of the factors fuelling the growth of advanced (3D/4D) visualization systems market Asia-Pacific region.
The report on global advanced (3D/4D) visualization systems market covers segments such as, platform, application, and end user. On the basis of the platform, the global advanced (3D/4D) visualization systems market is categorized into ultrasound, MRI, CT, and PET. On the basis of application, the global advanced (3D/4D) visualization systems market is categorized into cardiology, neurology, oncology, and others. On the basis of the end user, the global advanced (3D/4D) visualization systems market is categorized into diagnostic labs, hospitals and academics, and research.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global advanced (3D/4D) visualization systems market such as Carestream Health, Inc., Intelerad Medical Systems Incorporated, CONMED Corporation, Fujifilm Holding America Corporation, GE Healthcare, Siemens Healthcare, Philips Healthcare, QI Imaging, Terarecon, Inc. and Toshiba Medical Systems Corporation.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global advanced (3D/4D) visualization systems market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of advanced (3D/4D) visualization systems market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the advanced (3D/4D) visualization systems market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the advanced (3D/4D) visualization systems market to understand the present and future trends in this market and formulate their strategies accordingly.
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